đš BLACKROCK IS BUYING THE DIP? đ
BlackRockâs iShares Bitcoin Trust (IBIT) has reportedly added 656.661 BTC, worth around $BTC .
Thatâs another major institutional flow into Bitcoin, and IBITâs holdings are already around 795K BTC based on recent disclosed data.
The interesting part? October is just around the corner. đ
Bitcoin has historically performed strongly in October, while recent ETF flows have also shown renewed institutional demand.
đ„ BTC Setup
Bias: Bullish above key support
Confirmation: Continued ETF inflows + reclaim of major resistance
Upside: A breakout could open the door toward the next major resistance zones
Invalidation: Losing key support with strong selling volume could trigger another correction
BlackRock buying is a bullish demand signal, but it doesnât guarantee an October rally. Traders should watch spot ETF flows, BTC volume, liquidity and market structure before chasing.
UPTOBER loading? đđ
#Bitcoin #BTC #blackRock #IBIT #Crypto $BTC
BlackRockâs iShares Bitcoin Trust (IBIT) has reportedly added 656.661 BTC, worth around $BTC .
Thatâs another major institutional flow into Bitcoin, and IBITâs holdings are already around 795K BTC based on recent disclosed data.
The interesting part? October is just around the corner. đ
Bitcoin has historically performed strongly in October, while recent ETF flows have also shown renewed institutional demand.
đ„ BTC Setup
Bias: Bullish above key support
Confirmation: Continued ETF inflows + reclaim of major resistance
Upside: A breakout could open the door toward the next major resistance zones
Invalidation: Losing key support with strong selling volume could trigger another correction
BlackRock buying is a bullish demand signal, but it doesnât guarantee an October rally. Traders should watch spot ETF flows, BTC volume, liquidity and market structure before chasing.
UPTOBER loading? đđ
#Bitcoin #BTC #blackRock #IBIT #Crypto $BTC